this post was submitted on 31 Jan 2025
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Technology

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[–] misk@sopuli.xyz 9 points 1 month ago (1 children)

Tech giants have been caught with their pants down because they preferred to outspend competition on hardware rather than trying to optimise for what they had already. It looks like their way out is to pretend nothing happened because investors can’t tell they’re being served bs.

[–] Sturgist@lemmy.ca 3 points 1 month ago

I mean Musk's net worth is based on Hypetrain MemeStock that's got value because people like the stupid shit he says. So why would this situation be anything else?